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561  Economy / Marketplace / Re: Main reason behind crypto currencies red market in 2018 on: September 04, 2018, 11:56:17 AM
2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.

I wouldn't be surprised in 2018 is the year when ICO raised a lot of money. I think there's ICO born every minute so its possible that they attracted more investors. The problem is scammed ICO ares still present and I assume that its one reason why the market is also down, investors doesn't have the full confidence and they are getting intelligent and smarter today as compare to last year.

I would be surprised, if you ask me. Its now a bear market, everyone is dumping their tokens with losses and many people in the community who are left holding are already scammed. Theres no more money coming in anymore lol.
Those who I pity the most are the ones dumping their tokens and coins at loss, with no plans for the future or when they should be getting in even if the market seems to go down the more. The mistake a lot of people make is to focus so much on the current situation and then lose track of what the future really is holding.

There may be no more money coming in now though, but it does not mean when market starts seeing some green light eventually, we won't start seeing those money for projects with real life product to make use of and bring in demand for them.
562  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Trading tools for alts on: September 04, 2018, 11:19:36 AM
I read technical analyses and avoid speculative ones and don't take unnecessary risks, sometimes even doing nothing would be very good move for me.
Normally, the knowledge on technical analysis can really assist a long way when it comes to trading the altcoin market, but also, a lot of experience need to be gained so as to be able to know what makes the altcoin market tick and move in most cases which is why the knowledge and practicing a bit for a while until one is able to get one or two strategies that works well and able to take the right step when opportunity kicks in the market. The likes of tab traders, crypscan are good tools one can make good use of.
563  Economy / Economics / Re: What should we focus on more? Demand or Supply? on: September 04, 2018, 10:40:47 AM
I see a lot of people that are hoarding 100% of their bitcoins, because they believe cutting off the supply, would be enough to increase the price. <mostly speculators>

Would it not be better, if we increased the demand by increasing Bitcoin awareness and convincing more merchants to offer Bitcoin payments?

A 100% hoarding strategy is more harmful, because it cancels all the good work that was done to get merchants to accept Bitcoin as a payment option. A merchant will stop accepting Bitcoin, if their is no demand or transactions being generated for their business from the Bitcoin payment side.

We should actively encourage local merchants to start accepting bitcoins and then we should start supporting them. <No matter how low the price is>

Just buy back the bitcoins that you spend and you will be fine or use money that you would not have hoarded and buy the goods or service with bitcoins. <So when the price increase, you will not have regrets that you spend those coins>

Adopt a 80% hoarding and 20% spending strategy and we will see a massive increase in Bitcoin adoption <Merchants & Bitcoin users >  Cool  
To me, 100% hoarding even makes it more centered on a speculative investment than getting to see its real life usage as a currency in action. Hoarding by everyone will not solve that part that I just mentioned because it is supply and demand that really makes the market and for what it is worth, as long as the supply is intact, and we get a lot of demand for it as currency, we will be able to see a balanced curve.

Not like hoarding is bad, and for sure demand is far more important for the growth in value of anything, but at the same time, we should not because of that rule out supply just like you mention.
564  Economy / Trading Discussion / Re: You determine when to lose or make money, Stop Blaming the Market on: September 03, 2018, 10:00:01 AM
You and only you have any impact on you're trading decisions. The more emotional you're getting the less chance you'll finish well rewared. You did not lose money until you didn't sell with a loss.

It's funny to think that there's some people believe that crypto market is a quick rich scheme that once you enter here it will be in favor from what you desire that which make them to loss early.

Yes the market is full of manipulations and if you don't know how to ride on it you'll be an empty hand otherwise become insane from your losses. Better yet be used to all these volatility and embrace every flaws of the market and you'll realize that panic won't lead us anywhere.
Unless we want to start lying to ourselves, virtually most of the new people in this space came in because they had the mindset they are going to be getting rich overnight. Unfortunately for them, they ended up getting it the other way round.

Market may be full of manipulations and this is what makes it extremely volatile, so I wonder what people think when they get to try to look at the short term of the market and all the noises in the market when they are not even trading, rather than looking forward to the long term.
565  Economy / Gambling discussion / Re: thinking quiting after lose on gambling. on: September 01, 2018, 08:36:29 AM
It is a sign of being addicted in gambling. I honestly got the same experience of it before but not too much, as I remember it happened to me only two times, I had a weekly campaign that I joined before and after I got payed every week I spend it all on gambling after I lose all of it in that week, and bet again the other week with a thought that I will recover what I had lose, but ends up losing all of it
That's the magic that is on gambling, when you lose you want to come back again to at least to recover your losses, but instead
you add greater losses, and you want to stop but you will definitely return because you still think you can profit from gambling..

I though being a martyr only applies when you are in love but I'm surprise when it could be also applies in gambling. It is just like what you have said, we know that we are just repeating the situation(losing in gambling) but still we chose to try and try it again, hoping to get some profits, sadly it turns out to be the exact opposite thing---we lost over and over again, and we tried it again.

It is like a routine for us, that is why it is hard to ignore it for even a day or a couple of days because it is already became part of us, and that is a bad thing.

And then wonder, isn't their anything else you can try over and over again which can be more productive than gambling? Maybe I should rephrase that! There are so many things that can enable you build your future if you put so much attention into it and do it right.

Gambling is just a game of luck and nothing good most of the time comes out of it, and I wonder why people always end up expecting so much from it, because that is the only reason I would see someone losing every time, willing to quit at that point, and still find themselves back there again.
566  Economy / Gambling discussion / Re: Do these gambling sites make good money? on: August 31, 2018, 11:48:32 AM
I believe that gambling sites makes lots of money. However, not all of them are trusted to begin with. Some gambling sites are still not famous and trustworthy because there are many scammers. The credibility, the staff team, and professionalism is what makes a gambling site more trustworthy. If you find a good staff team and a good support team who work in a professional way, then their gambling website will be famous in a matter of time.
Of course gambling sites will always be profitable and win, someone once offered script for gambling sites to me where the script always makes you or the house more likely to win. I think that's the strategy that exists on every gambling and casino site. they have a system where they are more likely to win
The likes of Fortune Jack and Cryptogames will not still be running their signatures after huge number of years and paying up their participants weekly with a good bonus if they are not really making a whole lot of money in the process.

From an article I read recently, the devs of cryptogames stated how the first few years of starting cryptogames was like and impressive was an understatement. I guess how impressive the profit was for them, actually speaks on the fact where the platform is still up and running since inception and adding more coins.
567  Economy / Trading Discussion / Re: Forex trading or crypto trading and stock exchange? on: August 31, 2018, 10:04:36 AM
This is depending in the trend of market, as we know all crypto always bullish and bearish at the same times and on this year is biggest bearish season for crypto since 2015. And when all crypto on bearish we should be move to others asset ans stocks market is look less risk than forex.
Right! The trend of any market you are getting into matters a lot and for the way things have been shortly, crypto has not really looked that interesting for a while now. However, on the general terms, I trade the 3 markets as long as I see a great opportunity in any of the three, be it stocks, cryptocurrency or Forex.

The dynamics are almost the same anyway and if you have a good strategy, it would still play out across board. There is no market without its risks, how to manage the risk is all that matters.
568  Economy / Speculation / Re: How many consumers own cryptocurrency? on: August 31, 2018, 08:23:32 AM
That data could not be used as a pattern to assess how many people are owning cryptocurrencies since the sample size does not represent even the third part of a country but it can be used as a reference to tell that cryptocurrencies are getting more popular and those numbers could go higher as the time flies, cryptocurrencies are really a threat for the fiats.
This data does not reflect anything. For instance the population of Turkey presently is about 79.5million. Kindly take just 1000 respondents out of this equation and see what you have. This is just unreliable and cannot be used for any form of reference in whatever way.

I am not sure how the data is even collected or in what area of part of a specific demographic is used, but the fact that the total number of respondents used is not realistic when compared to the main population simply invalidates that statistics.
569  Economy / Gambling discussion / Re: Really! Where is the fun at? on: August 31, 2018, 07:36:33 AM
And what about playing online games like LOL or Wow? This is online playing and having fun together. With online gambling the story is the same, you can sit in the close you wish, take a drink you like and totally chill. Isn't that fun?
Yeah, that's more convenient when you compare with traditional casinos and I think you can have fun because there are many options in online casinos.
There might be some charm in playing games in casino. Accepted, but what about the losses people often made in this world? What about the losses they bear every single day. We all know this is all about luck and when you are unlucky someday, things must go so bad. So, don’t taste this fun moments in gambling, try something else and enjoy your life with good results ahead.
First of all, no one can force any other person to go into casinos and make bets on random games. If someone does this, it is obvious he makes this action according to his own free will. Secondly, he himself is responsible for the consequences. Casinos are doing business and it is common sense they can’t make every customer happy. After all, that is no charity place.
It is funny though that some people would even think casinos will be happy to make them happy when they are actually there to make themselves happy first. Like you said, they are doing business, and for every business, every business owner expects to get some good profit from it, and looking at the fact that as long as your losing ratio is higher than winning, then most gamblers always end up not getting anything at the end. A lot of people to me just use the fun part as a cover up, but at least for traditional casinos, there may be some fun to catch but not online.
570  Economy / Speculation / Re: Many cryptocurrency players have gone bankrupt on: August 30, 2018, 12:21:48 PM
I don't think that everyone who goes bankrupt from cryptocurrency, who has gone bankrupt is just the people who can't control the patience they have because to be able to benefit from trading you must be able to control the patience they have because that is the most important.
Knowledge is all that is needed in this space and luck can only be applicable to how far what you are holding ends up going in a short possible amount of time.

For instance, some coins or tokens can end up giving as much as x10 or even more, while some can end up giving way less than you would have thought, but it is just part of the game of not knowing what the future holds for any coin. The main reason why so many have gone bankrupt is just misinformation and the wrong mindset they have placed themselves in before investing into the market.
571  Economy / Marketplace / Re: Main reason behind crypto currencies red market in 2018 on: August 30, 2018, 11:49:13 AM
Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

This year Bitcoin experienced the lowest decline, lower in February, probably influenced by the rules born for Bitcoin or the crypto hacking bithumb effect last June 2018 and raises concerns for investors, but Bitcoin is currently trying to hold back the decline with many Announcement of new infrastructure, various investment opportunities and trading platforms, new applications and new innovations, because we hope and remain confident that bitcoin will recover, stabilize and experience a rising trend.
It may start a new trend but I still feel it is too early to start expecting that. The fact that we are in a downtrend, does not mean it should start raising concerns for investors.

Investors are simply supposed to be investing in the long term if I am correct, and that makes me imagine how some people tend to put that long term in place when they are really looking at is the short term. The red market was imminent after the huge growth in most of the markets, but as it is, I want to believe we may be getting close to the end of it.
572  Economy / Trading Discussion / Re: How to survive in a bear market and cut out losses on: August 30, 2018, 11:18:17 AM
You can't survive in a bear market, you can only understand if you survived or not after bear market ends, this market is uncertain so any action is risk.
Exactly! What makes you survive a bear market in the first place knows what to do and if you do not know what to do before the bear market even starts, you are just going to end up caught in the middle.

I have seen how some people emphasize so much on patience, but I believe that is just a term used so as to make them just stick with the idea that they have made the wrong choice right from the onset and they are just looking at how they will be able to switch to the long term and look forward to the value going back to where they started from.
573  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop SCAM in the ICO market on: August 30, 2018, 10:27:26 AM
Hi, guys.
I have an idea how to stop the scam-projects. I have the team who is developing MVP for this idea now. Release of beta-version will be soon.

Please, tell me would you invest in a project which:
1. Has a really working MVP
2. Unites all of stakeholders in the ICO market
3. Stops the scam-projects
4. Creates a marketpace for easy communication and cooperation

What do you think about it?


Update:

We are developing a social network for crypto investors, asset managers and ICO-projects. Our main idea is to collect all ICO-market participants in one space  and obtain a scale effect. Based on this effect, we are going to create services that allow users to trust each other and to provide scam protection.

The social network’s main audience is crypto investors, and we offer the following advantages for them:
   1. Service of scoring and scam protection
   2. Successful asset managers and the opportunity to transfer money into trust management
   3. A large number of useful materials and familiar and convenient interface

More information how everything works you can find here - https://telegra.ph/ICO-scam-protection-08-28
The branch of the project on the GitHub is here - https://github.com/pyshopml2

Now all the forces are concentrated on the creation of MVP. Therefore, we don’t run any social channels except bitcointalk.  This channel is also being tested. We want to understand how much our product will attract a potential audience. The release of MVP will appear within two months.

We will be answering all the questions in this branch within 24 hours. Also here you can find all information updates.

Thanks for your attention!
It may fly just a little bit if you actually have such a platform ready. It is a great idea for a lot of investors to find a way to detect scams, but I am still trying to picture how the stopping of the scam project is going to be effective.

It is a good thing you have a team developing the MVP for the idea, and I guess we just have to wait to see the real life product in action. Overall, it is a very interesting one if all those things you mentioned can be put in place, and won't be a bad idea at all.
574  Economy / Marketplace / Re: Do you wish to have physical notes, coins for bitcoin? on: August 29, 2018, 08:14:24 AM
How it would be when we have a physical bitcoin currency note? Do they already exist? If created, will it impact the market growth and loose it's value in the market?  Any thoughts?
That doesn’t make any sense to me, and there is no way it’s going to happen. The only thing that can be used both digitally and physically is conventional currency; dollar, euro, sterling, yen etc. These ones are controlled by banks and how they work is totally different from Bitcoin and cryptocurrencies works.

By the way, if you are using physical for Bitcoin who exactly is going to mine it, or should I say who is going to confirm the transactions you make? So just forget about it, it’s never going to happen.
575  Economy / Gambling discussion / Re: Shyness in gambling on: August 29, 2018, 07:30:26 AM
Well, I'm also a shy type either and I usually feel pressure when playing offline casino even when I have no reason to be which is why I prefer the sport betting and slot machine game. However, the online casino game is more convince than offline because it give more confidence and dedication and dont give the shyness effect which the offline give.



Sport betting is even a better way to go when it comes to using your sport analytical skills in making money and one thing you will never see from real gambling. Also, you can always achieve this from the comfort of your own home without any stress at all.

Offline on the other hand, makes you sometimes to even get over your head, most especially when it comes to curtailing the risk. For someone who is shy and does not like attention much, it is normal to feel shy when in a casino gambling.
576  Economy / Trading Discussion / Re: Resources to learn crypto trading? on: August 28, 2018, 12:26:40 PM
If you want to learn for free, there's always Youtube to help you out, just type in the right key word and it will give you a lot of results to help you out so if I were you, I will write down those tools that we use in trading and search them in Youtube. Investopedia is a good site to learn the definitions of terms used in trading. Try also following twitter accounts and blogs of known traders as they share some tips on trading.
Yeah, not just even YouTube, there are so many resources and blogs online that can really start you going on the right direction before you even know it. Like you said, investopedia is a very good way to start and there are so many resources there to learn from.

Also, http://tradingstrategyguides.com is one very good and resourceful site to make use of and I highly recommend. Twitter accounts of some traders though will require being careful as there are so many wannabes, and I would rather be cool with my own strategy as a trader than following others.
577  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NEXT SLEEPING GIANT on: August 28, 2018, 11:51:59 AM
Lets hear it guys, what do you think? I think Stratis or Qtum will go 30-50 times.
I am putting a lot on QTUM and ADA anyway and I won't be surprised the level at which these ones would end up hitting. Sure, we cannot know how the future is going to be like for any coin or token, but for some, we all know they are really trading pretty low and for those who may be looking for a lower priced coin with a good prospect, and a good support, I believe some of these should be a good bet.
578  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Speculation - Spectrecoin (XSPEC) on: August 28, 2018, 11:14:19 AM
The problem that the team/community face is it is still unrecognised. The team have focused so much on the tech and development to make sure that it’s constantly progressing that they haven’t left time for marketing at present. I believe they have done it the right way, look at other projects which have a large marketcap due to marketing but no actual working product or progress.
I’d rather go for the innovative tech and solid privacy which hasn’t started its rise yet than a hyped project

Yes, I agree with you.
This is exactly what I like about this project, that the team is focused on technical innovations.
This project has a small market capitalization due to lack of marketing, but as we know to launch a public relations company is very simple.
The conclusion is simple, buy now and store.
That lack of market is good enough for long term holders at the moment and that would simply make it even more interesting as the market recovers hugely which looks like something that would be occurring soon.

It is actually very interesting after looking at the way the devs have been able to work their way through all the challenges for a while and still come out strong and with the fork, and the way everything has been rebuilt, I guess this would speak well for the value in the long run. I wish it could be listed on a better exchange than where it is currently listed though.
579  Economy / Gambling discussion / Re: Effects of Gambling on: August 28, 2018, 07:37:05 AM
Why focus so much on individuals? Look at the countries where gambling is 100% legalized, such as Macau and Monaco. These countries have become super-rich due to the tax revenues from casinos. Also, huge number of jobs are created as a result of gambling. 

Bad effects will occur and the impact will be greater than the good one. Not all countries can legalize gambling even though the potential state revenue that can be obtained from this sector is quite tempting.
It depends on what country we are living, gambling is just a form of entertainment but it's an expensive type.
Poor countries are against gambling because they know it will only make their people poorer as people are desperate to make instant money without knowing their chances.
Yeah some in developed countries legalize gambling like in vegas and macau, their government is smart that only rich people come in and that can be an advantage for the government because of the big taxes, they don't care about the effects of gambling given to players, because of a large number of players are rich people
We may keep trying to look at the good part, but we all know the good part is only applicable to the government and the casino owners and very little percentage of those that luck was on their side and wise enough to know when to stop.

Every other person outside these category shares a huge loss and from what I can see, a higher percentage of gamblers always end up at the negative end of gambling at the end. Sure, I really do not care if some rich dudes have so much to throw around and feel gambling is the next thing for them, but for someone who is trying to survive and make a living, that perturbs me.
580  Alternate cryptocurrencies / Altcoin Discussion / Re: Gas price on: June 21, 2018, 08:01:24 AM
Any reason for the Ethereum gas price being so high lately?

Maybe due to high loads of traffic on Ethereum network, but just ignore those one since if those one is recommended by the network then it will best to anyone to follow it since it could make their transaction more faster, And if you disobey it and lower down the gas then you will surely encounter a long delays of transaction things.
Apparently, it is high load of traffic which no one can simply say exactly what is causing it. It could be people making a whole lot of transfers within the network which warrants the increase in fee or probably we are getting to see the same issue with crypto kitten happening, which by now, the media would even have been able to bring it up as they would not miss it. My best bet is just a lot of people trying to do transaction and it is something I have come to find out when the market has risen hugely.
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